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20130115
20130123
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CSPAN2 3
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CSPAN
Jan 15, 2013 11:00pm EST
, is unforgivable is the way to make these policies. second, you have the debt ceiling. it is a marketing tool the country hostage. we know there's going to be a fighter for the debt ceiling. in the past that feeling with a speed bump that reminded folks who are borrowing too much and needed to make changes. it could be a useful reminder. not because of sars are people really worry about the fate of the u.s. government and its economic damage, which is what we saw last time. the third piece, the fact government spending is going to expire in the triple witching hour of these issues is if this will close and is that going to force action of the hardest pieces still remaining for the fact that they still for all intents and purposes, it's good we didn't go to the fiscal cliff, good release revenue, but we basically did what we always do, which is punted the hard choices and try to declare bipartisan victory. it wasn't there. the question as to make make these next moments were set to getting us to really take on policies. and this is part of your question that will do it the necessary savings th
CSPAN
Jan 14, 2013 11:00pm EST
raising the debt ceiling gives the government the ability to pay its existing bills. it doesn't create new deficit spending. so not raising the debt ceiling is sort of like a family that's trying to improve its credit rating. families that say, i know how we can save money, we won't pay her credit card bills. it was the sole solution to the debt ceiling in august of 2011 in the u.s. downgraded last time. so all these issues are important and it's very important that congress take necessary action to raise the debt ceiling to avoid a situation where government doesn't pay its bills. >> a number of people have expressed concern about how much of the challenges actually were addressed in a deal, it certainly went part way, but leaves a number of issues still on the table. would you care to raise that as an additional fiscal cliff that is facing us? would you think that it's not as concerning as it was when you raise that term initially? >> as i said the fiscal cliff, if it is allowed to take place, it probably would have traded a recession this year. a good bit of that has been a
CSPAN
Jan 17, 2013 11:00pm EST
it in a sense the opposite way. i say let's get this done, the sequestration part in the debt ceiling in the next six weeks and then move on. those who are saying let's do it dribble by turbo, they are the ones who would be undermining the effort to sit down and have a serious discussion of tax reform. >> we've got about two minutes left. francine. >> the question about itemize deductions. what s-sierra thought of having a cab, that people can use it for whatever they want for mark h., whatever. >> i think the problem with the cap is that it has to seriously consequence, especially for charitable contributions. because a substantial portion of the charitable contributions come from the very wealthy. ii think the figure may be something like well over half comes from people with income over a million. it may be more than not. so the problem with the cap is do it have anything significant consequences for charitable contributions and perhaps for state and local taxes. so i think a battery to look at places to look at the administration's proposal, but to do with caution and if possible
Search Results 0 to 2 of about 3